Rent allowance

Jimmy Bond

Registered User
Messages
31
Do the revenue commissioners make any tax allowances for rent paid during the year 2004? If so, how much?
 
Is this a personal or business query? If it's a personal query, the answer is:


The tax credit is given at the standard rate of tax. The maximum credits are €300 for a single person and €600 for a married/widowed person, i.e. the maximum amount of rent you can claim relief against is €1,500/€3,000. There are increased limits where you are over 55.